Commit To Buy Depomed At $8, Earn 19.3% Annualized Using Options
August 02, 2018 at 11:55 AM EDT
Investors eyeing a purchase of Depomed Inc (DEPO) shares, but tentative about paying the going market price of $8.65/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2019 put at the $8 strike, which has a bid at the time of this writing of 95 cents..